Mashreq Neo alternatives
short answerThe closest alternatives to Mashreq Neo are Phantom, Wio Bank and Zand. All are neobanks operating in MENA, comparable to Mashreq Neo on custody, licence, cards, fees and FX — compared field by field below. No affiliate links.
The 8 closest alternatives
| neobank | type | hq | reported users | compare |
|---|---|---|---|---|
| Phantom | web3-native | San Francisco, US | 15M MAU (2025) | directory → |
| Wio Bank | traditional | Abu Dhabi, AE | — | directory → |
| Zand | traditional | Dubai, AE | — | directory → |
| YAP | traditional | Dubai, AE | — | directory → |
| Liv. | traditional | Dubai, AE | — | directory → |
| Sarwa | traditional | Dubai, AE | — | directory → |
| ila Bank | traditional | Manama, BH | — | directory → |
| Tweeq | traditional | Riyadh, SA | — | directory → |
go deeperBack to the Mashreq Neo profile, ask who owns Mashreq Neo?, or filter your own shortlist in the directory.
Figures compiled from public sources, for comparison only — not financial advice. "Up to" rates change constantly; always confirm with the issuer. Spotted an error? Suggest a fix.